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Electric Utilities Industry Stocks Technical Analysis - AEPArchive - 6/6/2025 - Sign In to see current Signals. |
American Electric Power (AEP) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the American Electric Power (AEP). During the week, the AEP dropped -1.70 points, or -1.64%, and closed at 101.79 on Friday, June 6, 2025. Weekly volume was -31% below average.
Long-term trend: [See AEP long-term trend chart] A long-term uptrend had started on March 31, 2009 at 24.00 and reached 110.50 on April 3, 2025. AEP gained -86.50 points, or -360.42%, in 835 weeks. The chart has formed a Ascending Triangle chart pattern. The trend support level is at 77.98 and resistance is at 106.26. An Ascending Triangle is a variation of triangle formation that has a flat resistance line and rising support line. The higher lows indicate an increasing demand and give the ascending triangle definitive bullish bias. An Ascending Triangle usually represents an accumulation stage in bullish market. An Ascending Triangle is considered to be a continuation pattern, especially in an uptrend, but it may also mark a reversal in a downtrend. Use the following link to access a Ascending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Ascending Triangle pattern in a long-term trend.
Medium-term trend: [See AEP medium-term trend chart] A medium-term uptrend had started on October 6, 2023 at 69.39 and reached 110.50 on April 3, 2025. AEP gained -41.11 points, or -59.24%, in 77 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 96.58 and resistance is at 123.47. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See AEP weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since May 9, 2025. Use the following link to access a MACD help.
Short-term trend: [See AEP short-term trend chart] A short-term downtrend had started on April 3, 2025 at 110.50 and reached 97.46 on May 14, 2025. AEP lost 13.04 points, or 11.80%, in 41 days. The chart has formed a Falling Channel chart pattern. The trend support level is at 96.46 and resistance is at 107.96. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a short-term trend.
Daily Technical Indicators: [See AEP daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since May 29, 2025. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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